I do a lot of restoration work with toy soldiers. Here's a tip I've developed.
For copying small parts, I have had good luck with using ETI's Mold Builder, liquid latex rubber. Available in most craft stores, I think.
I coat the part with a little Vasoline or hand cream, then paint on the liquid latex in several layers with an old brush until I get a servicable mold. Layers can be done with an hour or two drying time in between each layer. Let the whole thing dry overnight after the final layer. Then split the mold with an Exacto knife, and pull out the original. Next, coat the inside of the mold with talc or vasoline and cram in some Magic Sculpt. Let dry for a day or so, and then peel off the mold. Mold is often re-usable. You can then trim flash, etc from the Magic Sculpt copy until it suits your needs. I have copied 70 mm heads and arms with this technique. Also many weapons and body parts in all scales.
For you air brush people, mold builder also makes and excellent liquid mask. It comes off easily and does not get stuck in tiny cracks. Brush it on, let it dry and blast away with your air brush. After the paint is dry, just peel off the mold builder. This tip is from Amazing Figure Modeler's video series.